69 results about "Stock control" patented technology

Stock control is defined as "the activity of checking a shop’s stock". Many shops now use stock control systems. The term "stock control system" can be used to include various aspects of controlling the amount of stock on the shelves and in the stockroom and how reordering happens. Typical features of stock control software include: Ensuring that the products are on the shelf in shops in just the right quantity. Recognizing when a customer has bought a product. Automatically signaling when more products need to be put on the shelf from the stockroom. Automatically reordering stock at the appropriate time from the main warehouse. Automatically producing management information reports that could be used both by local managers and at head office. These might detail what has sold, how quickly and at what price, for example. Reports could be used to predict when to stock up on extra products, for example, at Christmas or to make decisions about special offers, discontinuing products and so on. Sending reordering information not only to the warehouse but also directly to the factory producing the products to enable them to optimize production.